Cryptocurrency News

Litecoin Falls 10% In Bearish Trade

2022.05.19 05:15

Litecoin Falls 10% In Bearish Trade
Litecoin Falls 10% In Bearish Trade

Investing.com – Litecoin was trading at $65.100 by 21:56 (01:56 GMT) on the Investing.com Index on Thursday, down 10.21% on the day. It was the largest one-day percentage loss since May 11.

The move downwards pushed Litecoin’s market cap down to $4.648B, or 0.38% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.

Litecoin had traded in a range of $65.100 to $67.400 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 2.72%. The volume of Litecoin traded in the twenty-four hours to time of writing was $758.363M or 0.96% of the total volume of all cryptocurrencies. It has traded in a range of $63.3000 to $74.4000 in the past 7 days.

At its current price, Litecoin is still down 84.50% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $28,779.3 on the Investing.com Index, down 4.44% on the day.

Ethereum was trading at $1,916.18 on the Investing.com Index, a loss of 7.35%.

Bitcoin’s market cap was last at $549.824B or 44.65% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $232.844B or 18.91% of the total cryptocurrency market value.

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